The Advance Payments Program (APP) is a financial loan guarantee program established under Agriculture and Agri-Food Canada (AAFC) that gives farmers easier access to credit through cash advances. The program provides eligible pulse and soybean farmers with short-term loans of up to $400,000 with the first $100,000 interest free. With changes approved under Bill C-18, farmers can now apply for an advance from their chosen APP Administrator. Please be advised that procedures and fees vary among administrators.
For more information on the Advance Payments Program, including a full list of APP administrators in Canada, visit the AAFC website.